FOXA - FIFA Women's World Cup - A Revenue Booster For Fox | Benzinga
Fox Corp (NASDAQ: FOXA) reported first-quarter FY24 revenue of $3.21 billion, 0.5% year-on-year, beating the consensus of $3.18 billion.
The American multinational mass media company clocked an adjusted EPS of $1.09, which beat the consensus of $1.02.
Affiliate revenues increased 2% Y/Y to $1.74 billion, led by 8% growth in the Television segment.
Advertising revenues decreased 2% Y/Y to $1.20 billion, as the broadcast of the FIFA Women's World Cup and ...